Pets At Home full-year profits rise 'faster than anticipated'

Peter Pritchard RWLive 2019

The pet retailer’s underlying pre-tax profit climbed 6.1% to £89.7m in the 52 weeks to March 28. 

Revenue increased 6.9% to £961m, driven by a 5.7% rise in like-for-like sales during the period.

However, on a statutory basis profit before tax declined 37.7% to £49.6m, which the retailer attributed to costs of its vet portfolio.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now